Citadel Stable S-1 Income Fund
TSX : CSR.UN

Citadel Stable S-1 Income Fund

December 19, 2008 17:12 ET

Citadel Stable S-1 Income Fund Announces Distribution and Top Ten Holdings

CALGARY, ALBERTA--(Marketwire - Dec. 19, 2008) - Citadel Stable S-1 Income Fund (TSX:CSR.UN) reports the distribution to unitholders of record at the close of business on December 31, 2008 and payable on January 15, 2009 is $0.0583 Cdn per unit.

Throughout the month of November 2008, Stable S-1 repurchased 92,700 units under its mandatory repurchase program when the Fund traded at a discount greater than 5%.

As at December 18, 2008, Citadel Stable S-1's net asset value was $5.12 Cdn per unit. The current portfolio consists of 11% real estate investment trusts, 15% oil and gas royalty trusts, 14% power generation funds, 19% ongoing business trusts, 17% pipeline and energy distribution funds, and 24% cash and cash equivalents.



Top Ten Holdings at December 18, 2008:

1) Bell Aliant Regional Communications
2) Riocan Reit
3) Yellow Pages Income Fund
4) Fort Chicago Energy Partners
5) Northland Power Income Fund
6) Keyera Facilities Income Fund
7) Altagas Income Trust
8) Superior Plus Income Fund
9) Innergex Power Income Fund
10) EPCOR Power LP


Contact Information

  • Citadel Stable S-1 Income Fund
    Joe MacDonald
    Executive Vice President, Sales and Marketing
    1-877-261-9674
    or
    Citadel Stable S-1 Income Fund
    Andrea Kladar
    Vice President, Sales and Marketing Western Region
    1-866-936-7880
    Website: www.citadelfunds.com